A Nigerian agribusiness firm, JR Farms Group, has signed a major $60 million public-private partnership (PPP) concession agreement with the Government of Liberia to revitalise the country’s coffee sector.
The 20-year deal, signed on Monday in Monrovia, aims to boost agricultural investment, develop the coffee value chain, and drive economic growth in Liberia. Nigerian commercial law firm EandC Legal provided advisory support as lead transaction counsel, guiding legal, regulatory, commercial, and negotiation aspects of the partnership.
Liberia’s Minister of Agriculture, Dr. J. Alexander Nuetah, described the partnership as a significant milestone for reviving the coffee industry, empowering farmers, creating jobs, and unlocking economic opportunities for rural communities.
JR Farms Group Founder and Group CEO, Mr. Olawale Oyeyemi, highlighted the alignment with the company’s vision of expanding African agricultural value chains. He noted Liberia’s rich coffee heritage as the origin of the Liberica variety — and its potential for scaled production and global competitiveness.
The initiative is expected to develop over 250,000 hectares of coffee plantations, plant approximately 200 million coffee trees over the next 20 years, benefit more than 200,000 farmers, and generate around 300,000 direct and indirect jobs. JR Farms will operate primarily in key coffee-producing counties including Nimba, Lofa, and Bong.
EandC Legal’s Founder and Lead Partner, Omoruyi “Uyilaw” Edoigiawerie, praised the deal as an example of strategic public-private collaboration unlocking Africa’s potential and underscored the growing influence of Nigerian firms in cross-border agribusiness investments.
The agreement marks a notable expansion for JR Farms Group in the West African agribusiness landscape and signals stronger regional cooperation in agriculture.
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